September 16 - September 22 market watch: Organix goes up by 774% as buying pressure persists.

Between September 16 - September 22, Organix has been mostly bullish as its price has been in the rising mode. The situation on the OGX market shows that the underlying asset is currently experiencing a period of high volatility. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.

According to our calculations, Organix experiences larger than usual price fluctuations, which translates to the average volatility percentage of 803.31% during the period under review. The asset was the most volatile on September 16 when the registered volatility shot up to 803.31%. The coin's market was the least volatile on September 22 when this particular metric didn’t exceed 0.19%. When the volatility goes as high as 803.31%, the OGX market tends to be erratic and hard to predict.

The price of OGX took a 1% up upswing at the open of the weekly trading period. On September 17 the coin market stayed neutral, with no changes in the price. Organix posted the interim low at $0.0053 on September 18 and then moved down by 5% and peaked at $0.0057. Over the next trading period (on September 19), OGX was moving down by 2% on the back of a congruous trading volume. After the open at $0.005, Organix moved during September 20 in the range between the said open and the close at $0.005, having posted the 24H low at $0.0052 and the 24H high at $0.0055. On September 21, the crypto coin showcased the following price fluctuations: the trading session began at $0.005 and then traveled from the low of the day at $0.005 to the high of the day at $0.05, closing at $0.05. September 22 presented us with the following price action data: the coin opened the period at $0.05 and went on to establish the low at $0.0491 and the high of the day at $0.0496 before closing the day at $0.05. During the reviewed time period, the asset was able to achieve the weekly high at $0.05, though at a certain point, the bear pressurized the price down to the weekly low at $0.005. Traders saw Organix covering the $0.04 distance between the weekly low and the weekly high, which constituted for a 774% move.

The past 7 days were marked by a change in average daily trading volume from $0.57 on September 16 to $5.58 on September 22. Over the week that came before the analyzed time span, the average trading volume of OGX ranged between $0.64 and $945. The 88% change in trading volume in the asset's market, compared to last week, supported the price movement that allowed the cryptocurrency to alter its value by 774%.

OGX experienced no change in total market capitalization during the past week. The price of the coin was not changed, with a 0% shift in its total market capitalization. Organix market capitalization from the week before experienced no change, as a result there were no price fluctuations.

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Article date: September 22 | September 16 - 22

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